Sempra (NYSE:SRE) Updates FY25 Earnings Guidance

Sempra (NYSE:SRE) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $4.30-4.70 for the period, compared to the consensus estimate of $5.16. Sempra also updated its FY 2025 guidance to 4.300-4.700 EPS.

Analyst Ratings Changes

Several brokerages have issued reports on SRE. Evercore ISI boosted their target price on Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Barclays dropped their price objective on Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a report on Monday, January 27th. Morgan Stanley raised shares of Sempra from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $85.00 to $98.00 in a research note on Friday, December 13th. Finally, Wells Fargo & Company upped their target price on Sempra from $87.00 to $96.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Ten analysts have rated the stock with a buy rating, According to MarketBeat, Sempra presently has a consensus rating of “Buy” and a consensus price target of $91.20.

Sempra Stock Performance

Shares of Sempra stock traded down $18.32 on Tuesday, reaching $68.87. 12,581,804 shares of the stock were exchanged, compared to its average volume of 4,438,545. The business has a 50 day moving average price of $84.29 and a two-hundred day moving average price of $84.98. The firm has a market capitalization of $43.62 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 2.19 and a beta of 0.78. Sempra has a twelve month low of $64.89 and a twelve month high of $95.77. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 0.89.

Sempra (NYSE:SRE) last announced its quarterly earnings data on Tuesday, February 25th. The utilities provider reported $1.50 EPS for the quarter, beating the consensus estimate of $1.47 by $0.03. The business had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Sempra had a net margin of 22.63% and a return on equity of 8.06%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.13 EPS. Analysts anticipate that Sempra will post 4.76 earnings per share for the current fiscal year.

Sempra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, March 20th will be given a dividend of $0.645 per share. This is an increase from Sempra’s previous quarterly dividend of $0.62. This represents a $2.58 annualized dividend and a yield of 3.75%. Sempra’s dividend payout ratio (DPR) is currently 54.63%.

Insider Activity

In related news, CEO Jeffrey W. Martin sold 49,737 shares of the company’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $82.94, for a total value of $4,125,186.78. Following the completion of the transaction, the chief executive officer now owns 2 shares of the company’s stock, valued at approximately $165.88. This represents a 100.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Alexander Lisa Larroque sold 2,755 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $81.93, for a total value of $225,717.15. Following the transaction, the senior vice president now owns 13,905 shares in the company, valued at $1,139,236.65. This trade represents a 16.54 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

About Sempra

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.